News

The Permian Basin generated $119 billion for the U.S. economy in 2024, supporting over 862,000 jobs and driving growth in ...
A task force led by the Federal Bureau of Investigation, he said, estimated that operators in the Permian Basin lose up to $300,000 a month in stolen tools, pipes and valves.
The State of Texas is investing in the Permian Basin's electric reliability. The Public Utility Commission of Texas (PUCT) unanimously approved a transmission on Thursday, Sept. 26.
The toxic water that gushes out of oil wells in the Permian Basin of Texas and New Mexico has spurred environmental concerns ...
A series of earthquakes shook West Texas, including a 4.9 magnitude event that was centered in Scurry County. The quake was centered 17 miles northeast of Hermleigh, Texas around 10:30 p.m. July 22.
U.S. Rep. Arrington weighed in as Texas lawmakers are in the process of redrawing the state's congressional districts.
The Permian Basin grew by two rigs for a total of 314, read the report, followed by the Eagle Ford of southern Texas with 52 rigs, the Haynesville shale in the southeast U.S. with 43 rigs, North ...
The number of active oil rigs across the United States has dipped to 537, down two from last week and 48 fewer than this time last year, when the count stood at 585. Texas currently reports 255 active ...
A series of earthquakes shook West Texas, including a 4.9 magnitude event that was centered in Scurry County. The quake was centered 17 miles northeast of Hermleigh, Texas around 10:30 p.m. July 22.
Texas Pacific Land (TPL)'s business model is uniquely positioned in the Permian Basin. The company's core asset is its extensive land ownership of approximately 873,000 acres, which is primarily ...
House Bill 5066 in 2023 got the ball rolling for the PUCT and ERCOT to develop it to benefit energy producers in Texas, with none bigger than the Permian Basin region that continues to grow.